Turney v. Denham

Henry Turney was' guardian for the heirs of Pigg. Before the year 1857 a tract of land was sold by order of the Chancery Court, and purchased by Den-ham, and his note given the Clerk and Master for the purchase money. The note fell due, and in 1857 an arrangement was made between Denham and Turney, for Denham’s accommodation, that Turney should take Denham’s note for the amount due his wards, as cash, and Turney, as guardian, hold the debt against Den-*570ham, with the benefit of the lien retained by the Clerk and Master on the property sold for its security, while Turney was to receipt the Clerk…